You can sell your own house to someone but you would have to pay back what you owe to the mortgage company and any part investors like us lol. Its not called a foreclosure like you said because you cant if a another company such as the mortgage company or creditors than there would have to be a legal process signed by a judge to grant it which never occurred with this backdoor deal and that is why Telogis hid it with their umbrella company in Oslo, Norway. I wouldnt be surprised if they didnt pay taxes on it lol
They can try to say there was no money for shareholders after the deal was done but that would be a bunch of BS because Telogis is now a $100M a year co. because of our software and patents which is the backbone. RMTD debt was minimal and basically only a year or two revs so it was not that much debt at all. Im sure everyone made out very nicely as we can all see except RMTD shareholders who got the shaft.
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